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74550 Shadow Hills, Palm Desert, CA 92260

$1,755,000
Property Type: Residential Income Square Footage: 17,614 Lot Size (sq. ft.): 50,965 Status: Closed
Current Price: $1,755,000 List Date: 3/31/2003 Last Modified: 5/12/2026

Description

Great location! Close to Hwy 111, shopping, restaurants and transportation - Walk to El Paseo. Gorgeous mountain views, swimming pool. 8 buildings, 6 lots, 23 units; One lot is vacant with room to add additional units.

More Information MLS# 41154266

Listing, Location and Property Info

Entry Date: 2003-03-28 Land Type: Fee Builders Tract Code: Not in a Development

General Property Information

Total Units: 23 SqFt Source: Other Price Per Unit: 0 Approx SqFt: 17614 Lot Acres: 1.17 Lot Size: 50965.2 Lot Size Source: Assessor Year Built: 1963

Income & Expenses

Actual Total Rent $: 0 Annual Gross Rent $: 0 Garage Income $: 0 Gross Annual Income $: 180120 Gross Income $: 0 Gross Operating Income $: 174716 Gross Schedule Income $: 180120 Gross Spendable Income $: 0 Laundry Income $: 0 Net Operating Income $: 134019 Other Income 1 $: 0 Other Income 2 $: 0 Advertising Expense $: 0 Cable TV $: 0 Electricity $: 0 Elevator Expense $: 0 Expense Management $: 1380 Furniture $: 0 Gardener $: 1200 Gas $: 0 Insurance $: 3146 Licenses $: 0 Maintenance %: 0 Manager $: 1380 Operating Expenses $: 40697 Other Expense $: 0 Pest Control $: 900 Pool Expense $: 720 Repair/Maintenance %: 0 Security Expense $: 0 Supplies $: 0 Total Annual Operating Expenses $: 174716 Trash $: 2040 Water Expense $: 1211 Workers Compensation $: 0 Assessed Improved %: 0 Assessed Improvement $: 0 Assessed Total Value $: 0 Cap Rate %: 0 Personal Property Percent %: 0 Tax Rate %: 0 Total Taxes $: 0

Tenant Pays

Cable TV: 1 Electricity: 1 Gas: 1 Water: 1

Listing Terms

Cash: 1

Parking Spaces/Information

Total Covered Spaces: 0

View Type

Mountain(s): 1

Levels

One: 1 Two: 1

Flooring

Carpet: 1 Ceramic Tile: 1 Vinyl: 1

Cooling Type

Air Conditioning: 1

Heating Fuel

Natural Gas: 1

Sewer

In, Connected and Paid: 1

Water

Water District: 1

Land Lease Type

Fee Simple: 1

Listing Location and Property Info

APN: 625161004 Status: Closed Listing Date: 2003-03-28 Original List Price: 2000000 Sold Price: $1,755,000 Current Price: $1,755,000 Street #: 74550 Street Name: Shadow Hills County: Riverside State: CA Zip Code: 92260 Area: 323 - Palm Desert South

Status Change Info

Status Change Date: 2003-11-25 Pending Date: 2003-05-08 Closed Date: 2003-11-17 Closed Price: 1755000

Parking SpacesInformation

Total Parking Spaces: 10

Property Features

Tenant Pays: Cable TV; Electricity; Gas; Water Listing Terms: Cash View Type: Mountain(s) Levels: One; Two Flooring: Carpet; Ceramic Tile; Vinyl Cooling Type: Air Conditioning Heating Fuel: Natural Gas Sewer: In, Connected and Paid Water: Water District Land Lease Type: Fee Simple
Listing Office: The Real Estate Firm
Listing Agent: Kathryn Reed
Last Updated: May - 12 - 2026
Information deemed reliable but not guaranteed.

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Hi, I'm Darlene Harwick and I provide real estate service to buyers and sellers in the Palm Springs area.

Darlene Harwick
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